Finance news

This threat to the chip rally has surged to its highest level since 2015

Volatility threatens top gainers including AMD and Micron.

After taking office: Crypto businesses brought Trump over a billion in 2025

Since taking office, Trump's profits have been bubbling through crypto businesses. This is evident from his almost 1,000-page statement. But a few donations also catch the eye.

South Korea ‘fake news’ law triggers free speech, censorship fears

A viral YouTube video, a one-star review on a delivery app, a heated post on a parenting community – all of these will fall under the same legal standard in South Korea starting next Tuesday. The revised Information and Communications Network Act, widely known as the “fake news” law, introduces punitive damages for YouTubers with more than 100,000 subscribers and high-traffic TikTok accounts if they display what authorities define as “unlawful” content. Platforms such as Naver, Kakao, Google and

Artificial Intelligence: USA lifts block on Anthropic's AI models

OpenAI rival Anthropic had to block access to its leading models because the US government feared a security risk. Now, after tough negotiations, there is a solution.

Artificial Intelligence: US government lifts block on Anthropic's AI models

OpenAI rival Anthropic suddenly had to block access to its best AI model because the US government feared a security risk. Now there is a solution.

Hong Kong’s 5-year plan will hinge on how it measures success

Hong Kong’s first five-year plan will undoubtedly mark a significant milestone for the city. The public consultation launched last month covers a range of issues, such as economic development, innovation and technology, housing, healthcare, education, infrastructure and regional cooperation. The exercise offers a chance not only to discuss what Hong Kong hopes to achieve by 2030, but also how its success should be measured. That second question is perhaps the more important one. Hong Kong has...

Fighter jets scrambled as Tel Aviv-bound flight triggers false hijack alarm

A technical error caused a Tel Aviv-bound flight to report a hijacking Tuesday that led to Israeli and Bulgarian jets scrambling to intercept the aircraft, Bulgaria’s transport ministry said. An airport official earlier said that the Bulgarian company operating the Airbus A320 blamed pilot error. Bulgaria’s transport ministry said, however, in a statement: “The reason for the diversion is a technical failure of the aircraft’s transponder, which transmitted a false signal of unlawful...

Invest: Central banker Olli Rehn: “The markets have done some of the work for us”

In the podcast, the head of the Finnish central bank explains why it is still too early to rule out further interest rate increases by the ECB, even if inflation could initially decline.

Anthropic says Trump admin has lifted export controls on Claude Fable 5 and Mythos 5

The U.S. Department of Commerce lifted the export controls on Anthropic's Fable 5 and Mythos 5 models

Chinese woman, 93, ‘reunites’ with Korean war husband 70 years later via restored photo

A restored portrait has given a 93-year-old woman in central China an emotional reunion with the young husband she lost to war decades ago. Zhao Cuifen, from Liuyang in Hunan province, reportedly married Zhang Zhixin in the 1950s. Soon afterwards, Zhang enlisted in the army. In July 1953, as Korean war armistice talks were deadlocked, Kuomintang forces launched a major assault on Dongshan Island off southeastern China. People’s Liberation Army (PLA) troops training in nearby cities were rushed..

Will China build an electric rocket launch pad on the roof of the world?

With SpaceX completing the biggest public offering in history, Elon Musk’s reusable chemical rockets seem to be the only game in town for getting to space. But halfway around the globe, a little-known Chinese town tucked against the Tibetan Plateau could change all that. In late March, the government of the city of Ziyang said a research facility successfully tested a high-temperature superconducting navigation system, which they said was a breakthrough in electromagnetic rocket launch...

Energy transition: Renewables cover 58 percent of electricity consumption - a record

In Germany, more and more climate-neutral electricity is being used. Wind and solar generation in particular increased significantly in the first half of the year.

Why Asia still struggles to create its own mega-IPOs like SpaceX

Asia has no shortage of entrepreneurs, engineers or giant domestic markets. Yet when it comes to producing the kind of blockbuster listings seen in the U.S., the region continues to lag.

Space travel: Astronauts repair robot arm on ISS

The International Space Station constantly needs to be maintained and repaired. Now two astronauts were in space for more than seven hours.

Pakistan accuses India of water ‘weaponisation’ over Indus treaty suspension

Islamabad has warned that any attempt by India to deprive Pakistan of its share of water under the Indus Waters Treaty would amount to the “weaponisation of water” and could have serious consequences for regional peace and security. Foreign Minister Ishaq Dar and other government officials made the remarks at an international seminar on the 1960 World Bank – brokered treaty, which governs the sharing of water from the Indus River system between the nuclear-armed neighbours. The treaty has come..

Fast lane to luxury: Hong Kong developer lures upmarket homebuyers with Mercedes giveaways

A Hong Kong developer is dangling Mercedes-Benz cars to entice buyers of its high-end homes in the Southern district, riding on a resurgence in the luxury property segment. K&K Property partnered with Zung Fu Limited to launch the promotion at One Stanley, an 82-unit project that had attracted wealthy local and overseas buyers seeking privacy, exclusivity and sea views, with the campaign coinciding with the 29th anniversary of Hong Kong’s handover. “This promotion aims to attract potential...

Virus alarm: What summer flu is all about - and what helps

Everyone else goes to the lake, you sit on the sofa with a sore throat and aching limbs. A word quickly comes to mind: summer flu. What can you do to avoid the summer sniffles?

Financial report: Trump earned over $1.4 billion from crypto businesses in 2025

The US President reveals his income. According to the documents, he derives most of his income from digital assets.

World trade: EU implements tariff promises to Trump

The EU is implementing a central part of the customs agreement with the USA. Lower or no import tariffs will apply to many US industrial goods and selected agricultural and marine products in the future.

Freelancers in Europe: how do you organize invoices and receipts?

Hi everyone, For freelancers / self-employed people in Europe: How do you organize receipts and invoices for taxes/accounting? Mine are usually spread across email, SaaS tools, Amazon, PayPal/Stripe, hosting providers, PDFs, etc. Do you use accounting software, folders, spreadsheets, email search, or just send everything to your accountant? What part takes the most time? submitted by /u/Apart-Medium6539 [link] [comments]

Kyocera vies with Toto in ceramic parts for chipmaking, data centers

China storage battery makers denied cybersecurity approval in Japan

Meiji Yasuda Life to double JGB purchases from earlier plans

Hong Kong marks July 1 anniversary with flag-raising ceremony, citywide deals

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Hong Kong is marking the 29th anniversary of its return to Chinese sovereignty this Wednesday, with businesses and authorities rolling out a range of promotions for the big day. A flag-raising ceremony at Wan Chai’s Golden Bauhinia Square will kick-start the celebrations, with Chief Executive John Lee Ka-chiu, other top officials and prominent figures to...

India’s arms sector eyes pivotal breakthrough with UAE: ‘confidence booster’

A potential sale of BrahMos missiles to the United Arab Emirates could mark a significant step in India’s push to become a serious arms exporter, giving New Delhi a foothold in one of the world’s most competitive security markets, analysts have said. The talks also include the potential sale of Akashteer, India’s automated air-defence command-and-control system, according to a Reuters report from June 22. No deal has been signed and discussions remain in the early stages, but analysts say a UAE.

The AI Revolution Needs Electricity More Than Intelligence

No generation in human history has experienced an infrastructure buildout of this speed and scale. Over the next several years, trillions of dollars will be poured into what industry leaders increasingly describe as AI factories: sprawling campuses filled with advanced processors, networking equipment, cooling systems, and enough electrical demand to rival major cities. McKinsey estimates AI-related infrastructure spending could exceed $5 trillion by 2030, while JLL projects developers may requi

After a soft Nike quarter, we have a big decision to make on the stock

The results are unlikely to improve Nike's standing in the portfolio

China-linked actors target more than technology as AI competition with U.S. intensifies

Cyberattacks from China-based entities are on the rise and not just targeting specific tech, analysts warn, as the U.S. AI race intensifies.

Learning the Ropes as a Defensive Investor

I got a copy of Intelligent Investor. My intent is to learn the defensive investor strategy. I was thinking that pharmaceuticals would be a good place to start. 80-90% in to Mutual Funds will continue indefinitely as I’ll never be an expert. l‘m avoiding tech or volatile stocks as I won’t have the stomach for it. Any suggestions for stocks to analyze? Not what to buy, what to compare for the purpose of learning. submitted by /u/Capable-Grocery686 [link] [comments]

Trump reports more than US$1.4 billion in income from crypto ventures

US President Donald reported more than US$1.4 billion in income from his family’s crypto ventures last year, showing how he now ‌earns most of his income from digital assets that have benefited from his policies, according to a review of his latest financial disclosures on Tuesday. The filings, Trump’s annual disclosure for 2025 with ⁠the US Office of Government Ethics, showed he received more ‌than $500 million from World Liberty Financial, a cryptocurrency venture he and his sons co-founded...